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NNPC Remittances Drop By N1.6trn In 5 Years

NNPC Remittances Drop By N1.6trn In 5 Years   The remittances of the Nigerian National Petroleum Corporation to the Federation Account dropped by N1.59tn within a five-year period, figures contained in the latest report of the Nigeria Extractive Industries Transparency Initiative have shown. An analysis of NEITI’s...

FG Plans To Borrow N1.6tn In 2019, DMO Says

FG Plans To Borrow N1.6tn In 2019, DMO Says The Director-General, Debt Management Office, Ms Patience Oniha, has said the Federal Government plans to borrow N1.6tn to fund the 2019 budget. Oniha said the government had been reducing its level of new borrowings, as it dropped...

Counting Cost Of 2019 Elections: Economy To Lose N1.6tn

Counting Cost Of 2019 Elections: Economy To Lose N1.6tn   Analysis by experts has shown that the Nigerian economy stands to lose N1.6 trillion as a result of the shutdown of economic activities for three days, including the last Saturday which was originally scheduled for the...

NIRSAL Aims At N1.6tn Revenue For Smallholder Farmers

NIRSAL Aims At N1.6tn Revenue For Smallholder Farmers The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending is planning to assist smallholder farmers to generate a total revenue of N1.6tn. The revenue is expected to be generated through the cultivation of four million hectares of farm...